Mortgage Credit Availability Increases

April 9, 2021 Christina Hughes Babb

Lending standards overall loosened during March, the Mortgage Credit Availability Index (MCAI) from Mortgage Bankers Association (MBA) and Ellie Mae indicates. A decline in the MCAI indicates that lending standards are tightening, while increases in the index are indicative of loosening credit. The MCAI is calculated using several factors related to borrower eligibility (credit score, ...

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